Skip to content

Ntech Management: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

Ntech Management

BE 0848.525.316
NACE 01.430, Raising of horses and other equines
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,027
2023 · €1,974-€4,001
Equity
-€82,884
2023 · -€80,857-€2,027
Cash
€50
2023 · €62-€12
Balance sheet total
€156,432
2023 · €159,805-€3,373

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€3,361

    down €3,361 (-2.1%), from €159,743 to €156,382

    of which Other amounts receivable: -€3,361

Equity and liabilities
  • Other debts -€3,720

    down €3,720 (-1.6%), from €236,131 to €232,411

  • Trade debts +€2,374

    up €2,374 (+352.7%), from €673 to €3,047

  • Profit (loss) carried forward -€2,027

    down €2,027 (-2.0%), from -€99,457 to -€101,484

Income statement
  • Gross operating margin -€4,762

    down €4,762, from €2,781 to -€1,981

  • Financial charges -€761

    down €761 (-94.3%), from €807 to €46

From the 2023 result to the 2024 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2023 €1,974
Gross operating margin -€4,762
Financial charges +€761
Result 2024 -€2,027

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€12
Investment €0
Financing €0
Cash 2023 €62
Net result for the year -€2,027
Receivables within one year +€3,361
Trade debts +€2,374
Other debts -€3,720
Cash 2024 €50
Every line side by side 28 lines
Line Code 2023 2024 Change %
Total assets 20/58 €159,805 €156,432 -€3,373 -2.1%
Current assets 29/58 €159,805 €156,432 -€3,373 -2.1%
Amounts receivable within one year 40/41 €159,743 €156,382 -€3,361 -2.1%
Trade receivables 40 €8,477 €8,477 = 0.0%
Other amounts receivable 41 €151,266 €147,905 -€3,361 -2.2%
Cash at bank and in hand 54/58 €62 €50 -€12 -19.4%
Total equity and liabilities 10/49 €159,805 €156,432 -€3,373 -2.1%
Equity 10/15 -€80,857 -€82,884 -€2,027 -2.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 €18,600 €18,600 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€99,457 -€101,484 -€2,027 -2.0%
Amounts payable 17/49 €240,662 €239,316 -€1,346 -0.6%
Amounts payable within one year 42/48 €240,662 €239,316 -€1,346 -0.6%
Trade debts 44 €673 €3,047 +€2,374 +352.7%
Suppliers 440/4 €673 €3,047 +€2,374 +352.7%
Taxes, remuneration and social security 45 €3,858 €3,858 = 0.0%
Taxes 450/3 €3,858 €3,858 = 0.0%
Other amounts payable 47/48 €236,131 €232,411 -€3,720 -1.6%
Gross operating margin 9900 €2,781 -€1,981 -€4,762
Operating profit (loss) 9901 €2,781 -€1,981 -€4,762
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €807 €46 -€761 -94.3%
Recurring financial charges 65 €807 €46 -€761 -94.3%
Profit (loss) for the period before taxes 9903 €1,974 -€2,027 -€4,001
Profit (loss) for the period 9904 €1,974 -€2,027 -€4,001
Profit (loss) for the period to be appropriated 9905 €1,974 -€2,027 -€4,001

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.